Hermitage Offshore Services Ltd Quick Ratio (NAO) starting from the fourth quarter 2019 to fourth quarter 2018, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Hermitage Offshore Services Ltd   (NAO)

Hermitage Offshore Services Ltd 's Quick Ratio

NAO's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the fourth quarter 2019, Quick Ratio fell to 1.41 below Hermitage Offshore Services Ltd average.

Within Marine Transportation industry only one company has achieved higher Quick Ratio in fourth quarter 2019. While Quick Ratio total ranking in the fourth quarter 2019 has deteriorated compared to the prior quarter from 1302 to 1315.

Explain Quick Ratio?
How much Cash & cash equivalents NAO´s has?
What are NAO´s Current Liabilities?




NAO Quick Ratio (Dec 31 2019)
Q4
0
Q3
0
Q2
0
Q1
(Dec 31 2018)
Q4
Y / Y Current Liabilities Change 10.81 % 80.38 % 80.38 % 80.38 % 127.86 %
Y / Y Cash & cash equivalent Change 50.14 % 50.14 % 50.14 % 50.14 % -73.19 %
Quick Ratio MRQ 1.41 1.57 1.57 1.57 1.04
NAO's Total Ranking # 1315 # 1302 # 1318 # 1313 # 1166
Seq. Current Liabilities Change 11.33 % 0 % 0 % -0.47 % 81.23 %
Seq. Cash & cash equivalent Change 0 % 0 % 0 % 50.14 % 0 %



Quick Ratio fourth quarter 2019 Company Ranking
Within: No.
Marine Transportation Industry # 2
Transportation Sector # 8
Overall Market # 1315


Quick Ratio Statistics
High Average Low
19.3 6.84 0.85
(Dec 31 2014)   (Sep 30 2016)




Financial Statements
Hermitage Offshore Services Ltd 's Current Liabilities $ 9 Millions Visit NAO's Balance sheet
Hermitage Offshore Services Ltd 's Cash & cash equivalent $ 13 Millions Visit NAO's Balance sheet
Source of NAO's Sales Visit NAO's Sales by Geography


Cumulative Hermitage Offshore Services Ltd 's Quick Ratio

NAO's Quick Ratio for the trailling 12 Months

NAO Quick Ratio

(Dec 31 2019)
12 Months
0
12 Months
0
12 Months
0
12 Months
(Dec 31 2018)
12 Months
Y / Y Current Liabilities TTM Growth 54.18 % 90.33 % 87.6 % 84.19 % 79.83 %
Y / Y Cash & cash equivalent TTM Growth 50.14 % -18.22 % -47.12 % -63.08 % -73.19 %
Quick Ratio TTM 1.53 1.44 1.47 1.51 1.57
Total Ranking TTM # 4935 # 4899 # 1209 # 4921 # 3977
Seq. Current Liabilities TTM Growth 2.71 % 12.52 % 14.31 % 16.7 % 26.79 %
Seq. Cash & cash equivalent TTM Growth 9.11 % 10.02 % 11.14 % 12.54 % -40.57 %


On the trailing twelve months basis NAO Cash & cash equivalent soared by 50.14 % in Q4 2019 year on year, faster than Current Liabilities, this led to increase in in Hermitage Offshore Services Ltd 's Quick Ratio to 1.53, Quick Ratio remained below NAO average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Marine Transportation industry 42 other companies have achieved higher Quick Ratio than Hermitage Offshore Services Ltd . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2019 from 4899 to 4935.

Explain Quick Ratio?
How much Cash & cash equivalents NAO´s has?
What are NAO´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Marine Transportation Industry # 43
Transportation Sector # 104
Within the Market # 4935


trailing twelve months Quick Ratio Statistics
High Average Low
19.3 5.24 1.57
(Dec 31 2014)   (Dec 31 2019)




Companies with similar Quick Ratio in the quarter ending Dec 31 2019, within Marine Transportation Industry Quick RatioDec 31 2019 MRQ Cash & cash equivalentDec 31 2019 MRQ Current Liabilities
Performance Shipping Inc   3.34 $ 26.314  Millions$ 7.875  Millions
Castor Maritime Inc   1.66 $ 4.959  Millions$ 2.983  Millions
Diana Shipping Inc   1.64 $ 107.288  Millions$ 65.484  Millions
Hermitage Offshore Services Ltd   1.41 $ 12.681  Millions$ 8.999  Millions
Safe Bulkers Inc   1.35 $ 106.378  Millions$ 78.687  Millions
Genco Shipping and Trading Limited  1.27 $ 161.934  Millions$ 127.655  Millions
Sfl Corporation Ltd   1.20 $ 229.794  Millions$ 191.651  Millions
Danaos Corporation  1.15 $ 177.394  Millions$ 154.641  Millions
Global Ship Lease Inc   1.10 $ 141.933  Millions$ 129.596  Millions
Expeditors International Of Washington Inc   1.05 $ 1,230.491  Millions$ 1,168.318  Millions
Stealthgas Inc   1.04 $ 70.055  Millions$ 67.136  Millions
Capital Clean Energy Carriers Corp   0.97 $ 57.964  Millions$ 59.480  Millions
Seacor Marine Holdings Inc   0.88 $ 81.382  Millions$ 92.706  Millions
Ardmore Shipping Corp  0.87 $ 51.723  Millions$ 59.549  Millions
Scorpio Tankers Inc   0.78 $ 202.303  Millions$ 258.604  Millions
Navigator Holdings Ltd   0.61 $ 64.024  Millions$ 105.082  Millions
Singularity Future Technology Ltd  0.61 $ 3.143  Millions$ 5.171  Millions
Forward Air Corporation  0.58 $ 64.749  Millions$ 110.976  Millions
Eagle Bulk Shipping Inc   0.58 $ 59.055  Millions$ 102.215  Millions
Costamare Inc   0.57 $ 155.840  Millions$ 274.467  Millions
Pangaea Logistics Solutions Ltd   0.56 $ 50.555  Millions$ 90.855  Millions
Icon Energy Corp  0.55 $ 71.411  Millions$ 129.964  Millions
Dht Holdings Inc   0.54 $ 67.356  Millions$ 124.383  Millions
Brink s Co  0.51 $ 469.000  Millions$ 924.600  Millions
Navios Maritime Holdings Inc   0.45 $ 77.041  Millions$ 170.887  Millions
Dorian Lpg Ltd   0.43 $ 31.439  Millions$ 72.538  Millions
Seacor Holdings Inc  0.41 $ 86.380  Millions$ 209.961  Millions
Star Bulk Carriers Corp   0.40 $ 125.241  Millions$ 310.931  Millions
Eneti Inc   0.40 $ 52.630  Millions$ 130.851  Millions
Globus Maritime Limited  0.40 $ 2.366  Millions$ 5.930  Millions

Date modified: 2026-09-08T15:09:54+00:00



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